Thinking about buying in Wesburn? Now could not be a better time, with 513 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $880,000 with prices in this suburb ranging from $269,000 to $3,094,000. The aproximate distance to the coast is 48 Km.

Wesburn Real Estate Market Outlook

In Wesburn there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wesburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Wesburn provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Wesburn requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Wesburn the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Wesburn

	6 little joe ct, wesburn, vic, 3799	4	2	4	$1,200,000
	727 old warburton rd, wesburn, vic, 3799	3	1	4	$730,000 - $790,000
	355 station rd, wesburn, vic, 3799	6	3	3	$1,200,000 - $1,300,000

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General Points of Interest

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